The standard Ripple transaction fee on the XRP Ledger is 0.00001 XRP, also expressed as 10 drops. At typical XRP market prices, this translates to less than $0.0001 USD — making it one of the cheapest transaction fees available on any public blockchain.

Is the Fee the Same for All Transfer Sizes?

Yes. One of the most distinctive features of the XRP Ledger is its flat-fee model. Whether you are sending 1 XRP or 1 million XRP, the network fee remains 0.00001 XRP. This is fundamentally different from Bitcoin, where larger transactions in bytes cost more, or Ethereum, where complex interactions cost more gas.

Ripple vs Traditional Wire Transfers

Traditional international wire transfers typically cost $15–$50 per transaction at most banks, with additional currency conversion fees of 1–5%. Settlement can take 1–5 business days. XRP transactions cost under $0.0001, settle in 3–5 seconds, and work across borders without currency conversion risk — as long as both parties hold XRP.

Does Ripple the Company Charge Fees?

Ripple Labs, the company that created XRP and the XRPL, does not charge the transaction fee — the network does. Ripple Labs operates as a separate entity from the XRP Ledger, which is a decentralized public blockchain. The tiny fee burned by the network is entirely separate from any commercial pricing Ripple Labs might set for its enterprise payment products like Ripple Payments (formerly On-Demand Liquidity).

Exchange Fees vs Network Fees

When using an exchange like Binance, Coinbase, or Kraken to send XRP, the total cost includes both the XRPL network fee (0.00001 XRP) and the exchange's own withdrawal fee, which typically ranges from 0.1 to 1 XRP. Always check the exchange's current fee schedule, as these are set independently by each platform.